CHLA, ICBA Ask For Action To Bring Down Mortgage Rates
The Community Home Lenders of America (CHLA) has joined with the Independent Community Bankers of America (ICBA) in asking U.S. Treasury Secretary Scott Bessent and Federal Housing Finance Agency Director Pulte to allow Fannie Mae and Freddie Mac to reduce mortgage rates by buying Mortgage-Backed Securities (MBS) issued by the GSEs and Ginnie Mae.
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